Category Development

China’s Xi Jinping Signals Higher Focus On IP, Market Opening To Ease US-Sino Tensions, But Global Leadership Friction In Innovation To Persist

SHANGHAI, China -- The President of China, Xi Jinping, in a keynote address on 5 November to political and business leaders attending the opening of the first China International Import Expo (CIIE) in Shanghai sent a strong diplomatic signal that Beijing will push ahead with further opening up of the economy to more international competition. In a move to try and ease US-Sino tensions Xi also indicated China will take proactive steps to boost protection of intellectual property rights (IPRs), including harsher penalties against violators - a major grievance for the United States and the pivotal issue in the escalating trade war between the world's two largest economies.

WTO TRIPS Council Debates Competition Law, Plain Packaging’s Spread To Other Products

The World Trade Organization intellectual property committee met last week with lively discussions on the benefit of IP rights protection for new businesses, and on the role of competition law to prevent abuses of those rights and in particular ensure greater access to medicines. Also, considering the recent WTO Dispute Settlement Body ruling on the tobacco plain packaging, some countries warned against this decision becoming a precedent and spreading to other goods, and undermining trademark protection.

Intangible Capital Rising, IP Key For Start-Ups, Traditional Growth Model Has To Change, Panellists Say

The importance of intangible capital is growing and so is the significance of intellectual property, according to some, and in particular in the new economy. Start-ups see intellectual property as an indispensable tool to attract investors and put their innovations onto the market. Developing countries still mainly stuck in what some call the "commodity trap" have to identify and exploit their intellectual property assets, according to panellists at an event held at the World Trade Organization yesterday.

New Report: Mitigating Patent Linkage To Promote Medicines Access In LMICs

A new report reviews how patent linkage mechanisms have been implemented in South Korea, Australia, Canada, and the United States, and identifies precedents for how low and middle-income countries (LMICs) can retain and exploit “constructive ambiguities” in trade treaty text to mitigate the impacts of patent linkage mechanisms and promote the timely availability of generic medicines.

Investing In New Antibiotic Research: Difficult Equation Discussed At World Investment Forum

The diminishing arsenal of efficient antibiotics to fight bacteria is a threat denounced by many, but investment in research and development of new antibiotics is seen as lagging. As the danger of getting back to a pre-antibiotic age is increasing, alternative ways of financing new antibiotics are being discussed. At the World Investment Forum this week, a panel looked into innovative means of investment, and ways to attract private investors to this field.

Trade Agreements Making Rules In New Technologies, Territoriality An Issue For IP In Digital Age

As new technologies have pervaded society, with more to come, policymaking has become a difficult exercise. Rules established before those game-changing technologies might be outdated. A session at the World Trade Organization Public Forum last week looked at how intellectual property rules are faring in the time of digital technologies. Speakers remarked on the role of regional trade agreements in norm-setting, and the growing issue of the territoriality of rights for copyright.

The Global Multilateral Benefit-Sharing Mechanism: Where Will Be The Bretton Woods Of The 21st Century?

Joseph Henry Vogel writes: Bretton Woods is the name of a place and also of a system. Bretton Woods-the-place boasts the Mount Washington Hotel and majestic views of the White Mountains of New Hampshire. Bretton Woods-the-system is the set of financial rules drafted during an international conference held at the hotel from 1 to 22 July 1944 [1]. The system created monetary order and allowed postwar recovery. For economists, Bretton Woods signifies the system. Its success illustrates how economic thinking can penetrate the political sphere and make lasting change. John Maynard Keynes, the Darwin of economics, led the British delegation.

Trade In 2030: Just Who Will Decide The Rules On Ecommerce?

For ecommerce, just who should be making the rules was raised by a number of speakers at a session of this week’s 2018 World Trade Organization Public Forum entitled, “Ecommerce 2030: Enabling an inclusive future for e-commerce.”

5th Global Congress On IP And The Public Interest: Successes, Strategies Highlighted

WASHINGTON, DC -- More than 400 activists, academics and practitioners from over 50 countries gathered at this year’s Global Congress on Intellectual Property and the Public Interest, according to organisers. At the Congress, participants shared success stories, developed strategies, and engaged in critical dialogue to re-think and re-invent intellectual property systems that serve the public interest.

Trade In 2030: WTO Public Forum Opens With Visions For The Future

What will trade look like in 2030? This is the topic of the 2018 World Trade Organization Public Forum opening today. During the discussion opening the forum, WTO Director General Roberto Azevêdo said technological evolution cannot be stopped and should be shaped so it can yield the best results. Alibaba founder Jack Ma invited governments to build infrastructure to help ecommerce and stop trying to regulate it.